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A free-market economy works well only without the government’s interference.
Adam Smith's theories are the basis for free-market capitalism and is the model of early capitalistic systems.
The Wealth of Nations lays out the economic theory of capitalism based on a free-market. As Adam Smith describes a free-market, the government should not interfere or regulate trade for the best results. When the government keeps their hands off the economy, large amounts of wealth can be earned and new businesses can grow with private investment and competition. Gilded Age capitalism is an example of free-market without government regulation. It produced unbridled wealth but also a large gap in social classes. Smith argues that is a necessary consequence to create motivation and competition.
<span>The answer is the United States. The US was rapt by inconsistent needs and welfares in foreign associations. Some Americans, called internationalists, were powerfully in approval of full contribution in world businesses. Other Americans, disgusted at the toll of World War I, turned private. They developed to be ardent isolationists, groups of custody the United States uninvolved with foreign businesses and as an alternative concentrating only on local matters.</span>
Answer:
B. the federal government has taken a more active role in areas once controlled by the states.
Explanation:
According to Google, Machu Picchu was built around 1450, and was abandoned around 100 years later in 1572 as a belated result of the Spanish Conquest.
